Happy Sunday!
Did you watch the video I posted a few days ago? Probably not. Catch it now.
TL;DW—nice bounce, don’t assume we’re going to pull a 2017-esque blast-off, the market went really high really fast and we may get a recovery that looks more like 2016 or 2019, where the price goes sideways and even down for months. I’ll share data and trends in my market updates.
While many people use 2017 as the model for understanding the ebbs and flows of today’s market, you can look at the other 11 years of bitcoin’s history, too. I do.
I haven’t had a chance to curate interesting news or videos. I’ve been under the weather and overloaded in general with non-crypto stuff.
Instead of me throwing out some interesting articles or videos, can you comment below with some videos, articles, or podcasts you think others might enjoy?
You can also tap the quote box below, it looks like this:
One note about FUD before I go.
When the price goes up, nobody talks about risks. When the price goes down, it’s all people think about. Yet the risks always exist, up or down.
Relax and enjoy the ride!
Some rational (and possibly helpful) TA here from TraderSZ for BTC & ETH: https://twitter.com/trader1sz/status/1396511242139967488?s=21
Hi! How important is institutional money to a quick/decent recovery? With the environmental FUD would any of this money risk touching Bitcoin at this time?